Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: fishy on June 13, 2013, 12:17:15 AM



Title: Altcoins becoming more prominent
Post by: fishy on June 13, 2013, 12:17:15 AM
Do you think a scrypt based altcoin will ever become as prominent as bitcoin?
Most of them don't offer any advantages besides that they are scrypt based, so...
(litecoin, worldcoin, etc.)


Title: Re: Altcoins becoming more prominent
Post by: Xian01 on June 13, 2013, 02:56:04 AM
No.


Title: Re: Altcoins becoming more prominent
Post by: Martisor-Sobru on June 13, 2013, 03:00:40 AM
yes  :D


Title: Re: Altcoins becoming more prominent
Post by: rabbitweasel on June 13, 2013, 05:56:43 AM
IMO litecoins aren't useful for anything other than buying bitcoins and fiat cashout. As bitcoin difficulty is too much for GPU miners, alt coins will devaluate not because of extra people moving there but rather the rate of difficulty increase is lower than bitcoin's rate of difficulty increase.


Title: Re: Altcoins becoming more prominent
Post by: -ck on June 13, 2013, 06:19:27 AM
no


Title: Re: Altcoins becoming more prominent
Post by: spiral_mind on June 13, 2013, 06:58:19 AM
It doesn't seem like scrypt really adds anything. Once the hashrate is high enough I am sure ASICS will get made for it. The only thing that makes litecoin appealing to me is faster transaction times.


Title: Re: Altcoins becoming more prominent
Post by: MaGNeT on June 13, 2013, 07:01:33 AM
Do you think a scrypt based altcoin will ever become as prominent as bitcoin?
Most of them don't offer any advantages besides that they are scrypt based, so...
(litecoin, worldcoin, etc.)

It depends on what the community and large exchanges accept as "valid" currencies.

Could happen to LTC, but future is hard to tell.


Title: Re: Altcoins becoming more prominent
Post by: amytheplanarshift on June 13, 2013, 07:36:14 AM
It doesn't seem like scrypt really adds anything. Once the hashrate is high enough I am sure ASICS will get made for it. The only thing that makes litecoin appealing to me is faster transaction times.

YACoin.


Title: Re: Altcoins becoming more prominent
Post by: Amph on June 13, 2013, 07:49:13 AM
i think litecoin can increase in value, when they will arrive on mtgox


Title: Re: Altcoins becoming more prominent
Post by: jasonslow on June 13, 2013, 07:57:07 AM
With proper funding and promotion yes.